A 2740: Provides that whenever the public service commission denies a request by a utility for a major change in rates or charges, the schedule, rate, charge, form of contract or agreement, rule, regulation, general privilege, facility, or service immediately in effect prior to such request shall remain in full force and effect until such time as the commission approves a new rate, charge.
The bill aims to regulate denials of increased utility rates and charges in New York. It amends the Public Service Law to ensure that existing rates and charges remain in force during a period of suspension, unless a temporary rate or charge is established by the commission. If the commission denies a utility's request for a major change in rates or charges, the existing schedule, rate, or charge remains in effect until the commission approves a new schedule. The bill takes effect immediately and applies to all requests for major changes in rates or charges filed after the effective date.
| Mar. 19, 2026 | advanced to third reading cal.314 |
| Mar. 17, 2026 | reported |
| Mar. 10, 2026 | print number 2740a |
| Mar. 10, 2026 | amend and recommit to energy |
| Jan. 07, 2026 | referred to energy |
STATE OF NEW YORK ________________________________________________________________________ 2740 2025-2026 Regular Sessions IN ASSEMBLY January 22, 2025 ___________ Introduced by M. of A. JACOBSON -- read once and referred to the Commit- tee on Energy AN ACT to amend the public service law, in relation to denials of increased utility rates and charges The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 12 of section 66 of the public service law is 2 amended by adding a new paragraph (m) to read as follows: 3 (m) Whenever the commission shall deny a request by a utility for an 4 increased rate or charge, or tariff, or any change in any form of 5 contract or agreement or any rule or regulation relating to any rate or 6 charge, or tariff or service, or in any general privilege or facility, 7 the rate or charge, or tariff or service immediately in effect prior to 8 the commission's denial shall remain in full force and effect until such 9 time as the commission approves a new rate or charge, or tariff or 10 service. 11 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD05472-01-5